Su Jianfeng is the ninth person to be convicted in the $3 billion money laundering case.
Su Jianfeng's money laundering charge pertains to him possessing $550,903 in cash believed to be illicit benefits from his gambling offences.
Deputy Public Prosecutor Grace Teo said Su was involved in an illegal online gambling business based in the Philippines. He profited from helping to advertise and manage the workers operating gambling websites that targeted punters in China. He added that Su should not be given the full 30 per cent discount in sentencing for pleading guilty, as opposed to claiming trial, because he opted to do so only on May 24 after seeing the sentences meted out to the other eight offenders.
“He only did so after ascertaining that this course of action would lead to his timeous release from prison.” Su informed the court on May 6 that he wanted to contest his charges and the prosecution was told to review evidence to decide which charges it wanted to proceed on for the trial. Su later changed his mind about claiming trial.
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